The Wall Street Journal and New York Times have both published reports outlining how new rules, widely expected to rein in Big Tech, could have the opposite effect.
Backstory: On May 25, the EU enforces its General Data Protection Regulation—rules that will often require firms to gain consent if they plan to use an EU resident’s personal information. It’s thought that it could help clean up the acts of Facebook et al.
The problems: The Times notes, though, that “wary consumers are more prone to trust recognized names with their information than unfamiliar newcomers.” The Journal, meanwhile, says big firms will use “a relatively strict interpretation of the new law … setting an industry standard that is hard for smaller firms to meet.”
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